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>> we are quasi government. no question if private enterprise a have 36,000 offices and many would be closed. john: what is the obstacle? >> delivery schedules. we must deliver six-- per week. john: end the congressmen defend their offices? >> most republicans. we are very close to breaking even. john: that is not the same as made a profit. >> we did through 2006 when the volume of mail dropped. >> 50% decline in the last 10 years. john: get the government out. >> nobody will buy the postal service broke. john: and sell it. >> congress will not allow that. i don't think the public will. we will operate like a business if congress will let us. >> they may. we made it passed the senate that house is considering legislation. john: this goes on years and years. not you want to keep the local office. >> of the flexible parts we make it a profitable enterprise. we have a new-product that takes eight months for approval with the regulatory commission. john: no wonder you cannot compete. sell it to a. >> and holland the
>> we are quasi government. no question if private enterprise a have 36,000 offices and many would be closed. john: what is the obstacle? >> delivery schedules. we must deliver six-- per week. john: end the congressmen defend their offices? >> most republicans. we are very close to breaking even. john: that is not the same as made a profit. >> we did through 2006 when the volume of mail dropped. >> 50% decline in the last 10 years. john: get the government out....
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i think-- >> you don't want to see governments, state governments go heads to head with the unions. you want more after concensus approach to solve these problems and i'm going to tell you, sir, you cannot get a concensual approach between these two sides. it's got to be head on. >> well, head on is a term of art. there has to be negotiations. government has to disagree with unions, it should be -- they negotiate a lot. they have in the past, with respect to the kinds of benefits that are offered. on the other hand, i find equally objectionable any statutory effort to limit collective bargaining. i don't think in this day and age you can deprive 19 million people who work in the state and local governments, the right to bargain collectively for their wages in terms-- >> but they're not being denied, all collective bargaining rights. they can still be unionized. >> well, the efforts-- tried that in wisconsin and ohio. stuart: well, listen, all that's happened it is their rights to collective bargaining have been limited, not eliminated. that's the way it is. we have to do this becaus
i think-- >> you don't want to see governments, state governments go heads to head with the unions. you want more after concensus approach to solve these problems and i'm going to tell you, sir, you cannot get a concensual approach between these two sides. it's got to be head on. >> well, head on is a term of art. there has to be negotiations. government has to disagree with unions, it should be -- they negotiate a lot. they have in the past, with respect to the kinds of benefits...
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less government was cut for people. even for poor people. 11% government leaves plenty to help the helpless. in fact, if 24 percent were not taken from us we as free individuals would do more to help the poor. such private charity does a better job. closer to the people that served. better as supporting those who really need help from those who need a push. criticized for giving most of his charity money to the mormon church. a writer for the nation said he gave virtually nothing to any program that focuses directly. it is clear that romney's donations are but taking care of his own. this is just ignorant. really is charity help support people. mormon subplots of non mormons. for example, they have a monster warehouse filled with food. they give it to anyone in need, any religion. when that earthquake hit 80 relief from mormons got there before government halted. after hurricane katrina, the same deal. even the new york times reported that. the mormon trucks were the first to arrive. tvs said the efficiency of the mormo
less government was cut for people. even for poor people. 11% government leaves plenty to help the helpless. in fact, if 24 percent were not taken from us we as free individuals would do more to help the poor. such private charity does a better job. closer to the people that served. better as supporting those who really need help from those who need a push. criticized for giving most of his charity money to the mormon church. a writer for the nation said he gave virtually nothing to any program...
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senate majority leader harry reid bought and sold government bonds. and the third ranking house republican flipped apple stock within just a few days. similar postings for the executive branch are scheduled for later this year, and you can bet we will follow the story. in focus tonight, tonight -- today's market rally. it did not sell that way. up just 78 at the end of the day. will the market continue? my next guest says se is optimistic. elite, kramer author of the little book a big profit and small stocks. welcome back to the show. great to see you. i want to get to small investors and what they should d. first one to talk about this market and what's going on. if you look over the long haul hundred has been with te head winds, pretty serious. accelerating earnings coming up. weak economic growth. while stocks going up? >> the u.s. equity market is still seen as of flight to safety. the european situation is very dire. at some point we're going to see a day of armageddon, but has already been priced. money ha moved to the u.s. market. also, china,
senate majority leader harry reid bought and sold government bonds. and the third ranking house republican flipped apple stock within just a few days. similar postings for the executive branch are scheduled for later this year, and you can bet we will follow the story. in focus tonight, tonight -- today's market rally. it did not sell that way. up just 78 at the end of the day. will the market continue? my next guest says se is optimistic. elite, kramer author of the little book a big profit...
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the government has done nothing to stop it, and we are seeing a bubble. the question is not if, it is when and by how much. it's not like in 2008, but nevertheless, it is a bubble. sandra: everybody watch me on this network knows my stance on your mention of speculators and driving of the oil prices. one is not to believe that, they've never prove that, however if you look at the fundamental situation, speculators are betting on higher prices in the future, they're looking at the geopolitical situation and the risk in the middle east right now. they are praising that in, which is why it is a valuable speculation in the market. >> there are no dogs around. people can believe whatever they want to believe. if they come to resolution, to , hopefully a peaceful one, oil prices will sink. sandra: that is why they are high today. it is unbelievable to tell viewers oil prices are unreasonably high. you are saying they are high because they are pricing them at risk. >> if you remove this risk, we do not know what impact any reaction against iranian nuclear facili
the government has done nothing to stop it, and we are seeing a bubble. the question is not if, it is when and by how much. it's not like in 2008, but nevertheless, it is a bubble. sandra: everybody watch me on this network knows my stance on your mention of speculators and driving of the oil prices. one is not to believe that, they've never prove that, however if you look at the fundamental situation, speculators are betting on higher prices in the future, they're looking at the geopolitical...
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ryan said, control is what government does now, choice is what we want. liz: coming up u.s. court slap heard around the world. >> last week supreme court reversed a century of law that i believe will open the flood floodgates for special interests, including foreign corporations to spend without limit in our election. >> the decision that president does not like but unions did not like. so why is organized labor all of a sudden making an organized effort to embrace it? next, don't go away. overmany discounts to thine customers! safe driver, multi-car, paid in full -- a most fulsome bounty indeed, lord jamie. thou cometh and we thy savet what are you doing? we doth offer so many discounts, we have some to spare. oh, you have a of those homeowners' discounts? here we go. thank you. he took my shield, my lady. these are troubling times in the kinom. more discounts than we knoweth what to do with. now, that's progressive. liz: welcome back, it is halftime report, this elect unions are going full throttle. members going door-to-door for the first time soliciti
ryan said, control is what government does now, choice is what we want. liz: coming up u.s. court slap heard around the world. >> last week supreme court reversed a century of law that i believe will open the flood floodgates for special interests, including foreign corporations to spend without limit in our election. >> the decision that president does not like but unions did not like. so why is organized labor all of a sudden making an organized effort to embrace it? next, don't...
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ryan said, control is what government does now, choice is what we want. liz: coming up u.s. court slap heard around the world. >> last week supreme court reversed a century of law that i believe will open the flood floodgates for special interests, including foreign corporations to spend without limit in our election. >> the decision that president does not like but unions did not like. so why is oanized labor all of a sudden making an organized effort to embrace it? next, don't go away. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. new pink lemonader bus5-hour energy?e, 5-hour energy supports the avon foundatn for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes the avon foundat
ryan said, control is what government does now, choice is what we want. liz: coming up u.s. court slap heard around the world. >> last week supreme court reversed a century of law that i believe will open the flood floodgates for special interests, including foreign corporations to spend without limit in our election. >> the decision that president does not like but unions did not like. so why is oanized labor all of a sudden making an organized effort to embrace it? next, don't go...
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there is all sorts of government regulation. he blames the oil companies for not wanting to own a refinery. blame the government for making it too hard. >> actually right now forget california and rest of the country, owning a remeanry is pretty big business. melissa: what about in the northeast? you're getting oil from europe. >> there it is not good. in the middle of the country it is great. it is all over the map. they could have fabulous year one year and terrible year the next. a lot of major oil companies like conocophillips and marathon, they decided we don't want to do this. they hired the refining operations into separate arms. they're acting like independent refiners. marathon bought the texas city plant from bp. bp is slowly getting out of the u.s. refining business. it will be in the future politically how will you blame big oil for gasoline prices if they don't refine a single barrel of it. melissa: you're so smart. you've been in the industry forever. you've been doing it as long as i've been following it of the yo
there is all sorts of government regulation. he blames the oil companies for not wanting to own a refinery. blame the government for making it too hard. >> actually right now forget california and rest of the country, owning a remeanry is pretty big business. melissa: what about in the northeast? you're getting oil from europe. >> there it is not good. in the middle of the country it is great. it is all over the map. they could have fabulous year one year and terrible year the next....
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we are not getting the help we need from government. i don't want help from government. i want them to leave me alone and it is insulting when you are doing this and trying to provide for your family and someone says i am pro small business but you didn't build your business and it is insulting. dave: we wish you the best of luck. congratulations on new jersey operations. liz: uncertainty in washington taking the toll on business with ceo optimism -- what is causing the drop in confidence? we will ask former governor john england next. south [ mujahid ] there was a little bit of trepidation, not quite knowing what the next phase was going be, you know, because you been, you know, this is what you had been doing. you know, working, working, working, working, working, working. and now you're talking about, well you know, i won't be, and i get the chance to spend more time with my wife and my kids. it's my world. that's my world. ♪ >> time for a quick speed read of some of the day's other headlines. five stories in a minute of the boeing union technical engineers rejebbed
we are not getting the help we need from government. i don't want help from government. i want them to leave me alone and it is insulting when you are doing this and trying to provide for your family and someone says i am pro small business but you didn't build your business and it is insulting. dave: we wish you the best of luck. congratulations on new jersey operations. liz: uncertainty in washington taking the toll on business with ceo optimism -- what is causing the drop in confidence? we...
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liz: not at government level. >> in terms of broadband network decision made it was unfortunate. you have the 12 broadband projects huawei is involved in all of them, including the u.k., new zealand and elsewhere. the argument there are somehow vulnerabilities in huawei are unique has never been sub standed by the committee. it is allegations after allegations. hear is the kicker. hear is the kicker. the after this investigation was launched much the committee expressed a concern protecting our cybersecurity. launched investigation into two companies headquartered in china as opposed to companies developing code and product in china. if the committee were serious wanting to protect cybersecurity they would be looking at huawei and zte and sysco, ericson and siemens a alcatel lucent and acknowledging common supply chains between all the companies and acknowledging common vulnerabilities and proposing solutions to address them. anything else is a political exercise and a distraction. indeed a reckless distraction from actually addressing the real concern. it cceates a false sense o
liz: not at government level. >> in terms of broadband network decision made it was unfortunate. you have the 12 broadband projects huawei is involved in all of them, including the u.k., new zealand and elsewhere. the argument there are somehow vulnerabilities in huawei are unique has never been sub standed by the committee. it is allegations after allegations. hear is the kicker. hear is the kicker. the after this investigation was launched much the committee expressed a concern...
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what we're talki about is what they call officially time, this is time spent by government workers, government union workers working on union issues and not actually doing their worjob. >> 70% of the time they spend on general labor management issues it is not handling grievances or negotiatin a contract. a lot of it has to do with politics, nobody is watching these guys. three-quarter of the time they spend on general labor issues. we found homeland security 62 people do nothing but work on union business full-time. lot of others who work 75%. we don't even know what they'ree doing on the union issues because only 23% in grievances and negotiations. ashley: what impact are they having on the economy? >> do you have an hour? two hours? that is what it is all about. this is where a lot of the money is going, a cycle that is it big scam on the taxpayer. from the union to the elected officials, backed the unions, back to the elected officials, and it is amazing how the money goes. $14 billion, that is the economy of a lot of countries, that is what the union is take in a year. ashley: this is int
what we're talki about is what they call officially time, this is time spent by government workers, government union workers working on union issues and not actually doing their worjob. >> 70% of the time they spend on general labor management issues it is not handling grievances or negotiatin a contract. a lot of it has to do with politics, nobody is watching these guys. three-quarter of the time they spend on general labor issues. we found homeland security 62 people do nothing but work...
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government. it was much appreciated at the time. a long conversation about the financial system at the time that support was given, but we have systematically under the of our ceo worked our way out of that situation. the government has been fully repaid. we have re-emerged as a small but profitable company. we still have a $60 billion market cap which is nothing to sneeze at. we have the world's largest property and casualty insurance business and a very big u.s. domestic retirement and life-insurance business. we are very excited about our growth prospects. the balance sheet has been fixed, and i think we're on our way. liz: it's great to have you, once again, especially hearing about retail. how do you think the holiday season shapes up? >> better than the forecast. liz: better than the 4%. we have a little uptick in consumer confidence noted of the past couple of months. >> consumers, last year's sales were up five and a half% during the holiday. i think we will do at least that well this year. liz: arthur martinez. former chair
government. it was much appreciated at the time. a long conversation about the financial system at the time that support was given, but we have systematically under the of our ceo worked our way out of that situation. the government has been fully repaid. we have re-emerged as a small but profitable company. we still have a $60 billion market cap which is nothing to sneeze at. we have the world's largest property and casualty insurance business and a very big u.s. domestic retirement and...
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a group of senators angry over new government guidelines. i will get all the details exclusively from north dakota senator john hoeven. even when they say it's not, it's always about money melissa: first let's take a look at the day's market headlines. there was no celebration on wall street over september's positive jobs number. only the dow managed to close the week in positive territory. it was up over just 34 points. >>> consumer credit rose more than 8% in august. it's fastest expansion in three months. that is a sign that consumers are ready to make big purchases again. >>> one year ago today, steve jobs, the visionary cofounder of apple, died at the age of 56 after a long battle with pancreatic cancer. the company remains an industry powerhouse despite the loss of their leader. >>> now on to our top story tonight. good news on the jobs front. according to the household survey, 700, i'm sorry, 873,000 people found a job last night. last month. that brought the unemployment rate down to 7.8% for the first time in 3 1/2 years. the employ
a group of senators angry over new government guidelines. i will get all the details exclusively from north dakota senator john hoeven. even when they say it's not, it's always about money melissa: first let's take a look at the day's market headlines. there was no celebration on wall street over september's positive jobs number. only the dow managed to close the week in positive territory. it was up over just 34 points. >>> consumer credit rose more than 8% in august. it's fastest...
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lots of government workers don't want unions. we saw what happened to wisconsin the minute they were able to vote on having a union or not, 50% of them went the union hall. the good ones don't want unions because the unions will not allow them to negotiate with their employer directly, won't allow them to eve even talk to r employer. this private organization called the union fix themselves in the middle taking huge amounts of money. ashley: thank you so much for being here. get better soon. work on the voice, apparently sounds like a frog. the president may have hollywood but mitt romney has the national football league. john elway the latest in a long line of nfl legends backing the g.o.p. candidate. not all liberals are falling in line. ben affleck having second thoughts about obama. really? with the spark cash card from capital one, sven's home security gets the most rewards of any small business credit card! how does this thinwork? oh, i like it! [ garth ] sven's sll business earns 2% casback on every purche, every day! woo-
lots of government workers don't want unions. we saw what happened to wisconsin the minute they were able to vote on having a union or not, 50% of them went the union hall. the good ones don't want unions because the unions will not allow them to negotiate with their employer directly, won't allow them to eve even talk to r employer. this private organization called the union fix themselves in the middle taking huge amounts of money. ashley: thank you so much for being here. get better soon....
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they want to see how the government came up with that number. you are seeing some money come off the table. a little bit of profit taking into the weekend. we hit resistance. we have done that three or four times. we did it again today. the market will back off a little bit. we will close almost flat, i would imagine. liz: what are you going to do. we have the rally for part of today. let me get to the imax. we have gold at this point down $18. oil is coming down as well. maybe we could also throw in dollar versus euro. >> energies love heavy. i think we are going lower. we got below $90 good we could not get back above. that is bearish for crude oil. down i think we go. overall, though, the economy is slowing down. supplies increasing in crude oil. down it goes. i think we see $86 crude oil. liz: if the weather here in cleveland is any indication of what will happen in new york, connecticut and new jersey, it is getting a little bit colder here. watch out. the dollar versus the euro. $1.30. what happened to our dollar? >> good afternoon. the do
they want to see how the government came up with that number. you are seeing some money come off the table. a little bit of profit taking into the weekend. we hit resistance. we have done that three or four times. we did it again today. the market will back off a little bit. we will close almost flat, i would imagine. liz: what are you going to do. we have the rally for part of today. let me get to the imax. we have gold at this point down $18. oil is coming down as well. maybe we could also...
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government says this company poses a national security threat. we're live with the latest details in washington coming next. ♪ [ male announcer ] what if you had thermal night-vision goggles, like in a special opsission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering web-based trading platform. trade commission-free for 60 days, and we'll throw in up to $600 when you open an account. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. liz: quarter past the hour, that's when the s&p futures pits are closing, they give us an indication of how the markets will open tomorrow. mark sebastian, h
government says this company poses a national security threat. we're live with the latest details in washington coming next. ♪ [ male announcer ] what if you had thermal night-vision goggles, like in a special opsission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td...
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be smarter than the rest of these government agencies. we knew that was going to happen. are you bullish on stocks? >> the imf is playing catch up. everybody -- [talking over each other] >> that shouldn't be a surprise. we are bullish on stocks the next few months and strong headwinds in the way of declining policy and the fiscal side that we should see. in the next two to three months but we are trading in a narrow trading range. given the run we had, a pullback is what you expect looking at data. liz: is a boring question because we're not there yet. is like chinese water torture but facing a recession or going away, for all intents and purposes let's use a driving analogy. if the u.s. investor is driving a car, driving away from a recession or thwart its and investing accordingly would be to do what? >> great question. the drivers of recession have typically recessions led by crashes or declines and those are on the bottom for the last year or so and coming out. that is one of the reasons i don't expect a recession. those drivers in consumer goods have already crashed.
be smarter than the rest of these government agencies. we knew that was going to happen. are you bullish on stocks? >> the imf is playing catch up. everybody -- [talking over each other] >> that shouldn't be a surprise. we are bullish on stocks the next few months and strong headwinds in the way of declining policy and the fiscal side that we should see. in the next two to three months but we are trading in a narrow trading range. given the run we had, a pullback is what you expect...
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unable to govern ourselves. unable to govern ourselves. tracy: your company tried to instill them. >> we continue to work with epa and others to work with issues that come out with rules that is difficult for the industry to meet. the timetables, the retirement of coal-fired generations in this country are dpdificult to o from the timing perspective. and that will happen after the election. tracy: you are at this commit for where ceo policymakers are discussing big ississus. crony capitalism and corporate governance and they feel the need to step in because corporate governance is being ignored and crony capitalism exists. >> clearly incumbent on us to let the corporations continissuo produce jobs in this country. from a government standpoint ssusommon-sense regulations and common sense approaches and legislation that makes sense. for two parties to come together and produce an environment where business can proper -- tracy: energy security is something you are talking about. the obama administration has done ev
unable to govern ourselves. unable to govern ourselves. tracy: your company tried to instill them. >> we continue to work with epa and others to work with issues that come out with rules that is difficult for the industry to meet. the timetables, the retirement of coal-fired generations in this country are dpdificult to o from the timing perspective. and that will happen after the election. tracy: you are at this commit for where ceo policymakers are discussing big ississus. crony...
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and a tangible investments, and firm believers government balance sheets and we are seeing yield in that area. those are the big areas we see movement. and people worrying about risk. risk has gotten -- it doesn't have to be a bad thing. you have to take some risk and some opportunity and it is how we focus in on that, how we focus and manage that risk and put that risk in our portfolio that allows us to take advantage of the market moved up or down. with that is our goal. ashley: what about the financial sector? concerns about regulations suffocating the sector. what are your thoughts on that? >> we did this global survey and saw 86% of an institutional investors feel financial regulations are a real drag on the market creating uncertainty and creating additional risk. not less risk. 76% of european investors feeling the same thing. all of this regulatory upheaval is going on in the u.k. and the u.s. and europe, creating this uncertainty and making financial institutions and corporations to make capital expense to invest in jobs and that is the most difficult thing. the overhang of the
and a tangible investments, and firm believers government balance sheets and we are seeing yield in that area. those are the big areas we see movement. and people worrying about risk. risk has gotten -- it doesn't have to be a bad thing. you have to take some risk and some opportunity and it is how we focus in on that, how we focus and manage that risk and put that risk in our portfolio that allows us to take advantage of the market moved up or down. with that is our goal. ashley: what about...
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the federal government said we had to. >> the government made a very easy way for them to but it neared the federal reserve pitched and $30 million. >> i am not opposed to transparency. the state of new york is looking to bridge at the expense of jpmorgan chase. if a guy cheap price, it will end up paying for it now by trying to get the government off its back. stuart: would you deny that eric snyderman wants to be the governor of new york and he will enrich the government of new york? >> i would not deny that. i am not sure he will sit on that pot of money and distribute it back to investors. this is not accounting fraud. stuart: why is he raising is now five weeks and felt a major election? >> because he is an animal. and this is the $64,000 question. rudy giuliani was the attorney for the district of new york and arguably used. in order to gain and become mayor. the governor of new york and then ran for president of the united states. should politics influence prosecutions? absolutely not. but it does. very frequently. stuart: do you think he wins? >> yes. i think they will pay money
the federal government said we had to. >> the government made a very easy way for them to but it neared the federal reserve pitched and $30 million. >> i am not opposed to transparency. the state of new york is looking to bridge at the expense of jpmorgan chase. if a guy cheap price, it will end up paying for it now by trying to get the government off its back. stuart: would you deny that eric snyderman wants to be the governor of new york and he will enrich the government of new...
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there will be a lot of fuzziness in the government data. watch action on adp report versus what we may see on friday. that is how you have to look at it. ashley: great point. emac, appreciate it. tracy: talk about this market. we're only up about 12 points right now. we head down to schnick coal petroleum as we do every -- nicole petallides as we do effort 15 minutes. >> we're seeing the dow up 11 points and looking at a name making a lot of headlines and fell out of the news because nobody knew what was happening and back in the news. talking about best buy, the electronics retailer. we're talking about the founder. this is richard schulze, a person who was thinking about taking the company private. right now it is up 4% on the talks that he and four others, private equity firms are taking -- thinking about taking best buy private. if you thought it was off the table it's not. it is creeping back in the news. the thought they are looking at books makes this stock move up higher, up 4%. tracy: nicole. see you in 15 minutes. so you have got
there will be a lot of fuzziness in the government data. watch action on adp report versus what we may see on friday. that is how you have to look at it. ashley: great point. emac, appreciate it. tracy: talk about this market. we're only up about 12 points right now. we head down to schnick coal petroleum as we do every -- nicole petallides as we do effort 15 minutes. >> we're seeing the dow up 11 points and looking at a name making a lot of headlines and fell out of the news because...
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airline says issue has been identified and their maintenance teams are securing a government approved locking mechanism to make sure no seat can be dislodged. that's the latest from the fox business network, giving you the power to prosper david: cleveland is open for business. liz claman got a chance to speak with some of the most influence businesses. liz? >> cleveland rocks. steve wynn wood leading into this segment. we spent 48 hours here showing cleveland is open for business. we talked to the biggest business leaders from all sectors of the economy from oil to banking to the nfl who have proved this place does rock. it's the place to be. >> we were $8 billion in the hole, the largest deficit in history of the our state and we balanced the budget and built this rainy day fund. then we told the regulators, look, business is not enemy. we need good regulation. we have very tough regulations on hydraulic fracturing but regulations are not duplicative. we don't need to spend all day, getting in a situation with business where we can't give them an answer. when they find we're not doi
airline says issue has been identified and their maintenance teams are securing a government approved locking mechanism to make sure no seat can be dislodged. that's the latest from the fox business network, giving you the power to prosper david: cleveland is open for business. liz claman got a chance to speak with some of the most influence businesses. liz? >> cleveland rocks. steve wynn wood leading into this segment. we spent 48 hours here showing cleveland is open for business. we...
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he changed that to a government dialogue. he said that obama believes in government trickle-down. >> one of the biggest questions this morning is what happened to barack obama. you know, all of his pals are dumping on him and saying he needed a teleprompter. i tell you what i think happened there. this is the same president who they have enjoyed giving campaign speeches which consist mainly of standing up there and ridiculing and mocking his opponent. the audience laughs it up. the pundits laugh it up. the fact is he has stopped thinking about public policy and he never expected to be in a debate with someone who had done his homework the way romney did. as a result, he was completely unprepared. stuart: the president of the united states goes into a crucial debate five weeks from an election and is not prepared? >> it just pours off of this president. i think he thought it would be easy. he really has to do no more than state it. that has always been his style. he has never been forced to defend his ideas in depth. now he wi
he changed that to a government dialogue. he said that obama believes in government trickle-down. >> one of the biggest questions this morning is what happened to barack obama. you know, all of his pals are dumping on him and saying he needed a teleprompter. i tell you what i think happened there. this is the same president who they have enjoyed giving campaign speeches which consist mainly of standing up there and ridiculing and mocking his opponent. the audience laughs it up. the...
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complaints against chinese products for government support. the presidential campaign, both candidates have promised tough action. governor romney bows to label china a currency manipulator. some analysts say it will only hurt american consumers and u.s. companies conducting business in china. tracy. lori: i guess the department is expected to have a report out tonight or tomorrow. thank you so much for that. coming up, new evidence that american men are leaving the workforce at an alarming rate. gerri willis has the numbers on that and the reasons why it is happening. that is next. first, let's take a look at some of today's winners and losers as we head to break. the dow is down. a natural resource, that is a charles payne favorite. back with more after this. ♪ before copd... i took my son fishing every year. we had a great spot, not easy to find, b worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five mi
complaints against chinese products for government support. the presidential campaign, both candidates have promised tough action. governor romney bows to label china a currency manipulator. some analysts say it will only hurt american consumers and u.s. companies conducting business in china. tracy. lori: i guess the department is expected to have a report out tonight or tomorrow. thank you so much for that. coming up, new evidence that american men are leaving the workforce at an alarming...
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exporters from retaliation from the chinese government. rich: this election year democrats and republicans who focused on chinese trade practices, romney has vowed to label china a currency manipulator and strongly enforce trade policy and protect american businesses. given american subsidies on green energy, the auto industry and others some analysts say these trade accusations and tariffs only hurt u.s. consumers and american businesses trying to conduct business abroad by inviting foreign governments no impose tariffs in retaliation. back to you. connell: all right rich. we will talk more about -- more about the election in a few minutes with bret baier. thanks for that. sports headlines, after several weather delays, extreme sportsman taking off just after 1:00 p.m. eastern for a planned skydive from the earth's stratosphere. my goodness. his capsule carried by a weather balloon will leave from new mexico, takes him three hours to reach his jump point of 23 miles. this guy is a former austrian military skydiver. during the jump, he wil
exporters from retaliation from the chinese government. rich: this election year democrats and republicans who focused on chinese trade practices, romney has vowed to label china a currency manipulator and strongly enforce trade policy and protect american businesses. given american subsidies on green energy, the auto industry and others some analysts say these trade accusations and tariffs only hurt u.s. consumers and american businesses trying to conduct business abroad by inviting foreign...
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>> they're just afraid, afraid that this government. this federal wants to intrude in their life so what you've had is the power shift from elected officials, from local, state and local governments to regulators, and faceless, nameless folks. >> wait a minute, af got it, but why would they come to you to be charged? you're going to sarg them. >> you bet. stuart: and you're going to tell them there's uncertainty in obamacare and uncertainty in taxes and you're afraid of what's coming down the pike, you can't do anything about those three areas, what are you charging them? >> i'm charging them, but put aside my interests, stuart. we can help them navigate through some of that, but the uncertainty is still there. i cannot pull the uncertainty away to allow for my client to feel comfortable enough to expand his business. >> you've got your finger on the pulse of florida. who wins florida? >> romney. stuart: definitely? >> absolutely. stuart: why do you say that real fast? >> two things, organizationally the republican party is stronger sta
>> they're just afraid, afraid that this government. this federal wants to intrude in their life so what you've had is the power shift from elected officials, from local, state and local governments to regulators, and faceless, nameless folks. >> wait a minute, af got it, but why would they come to you to be charged? you're going to sarg them. >> you bet. stuart: and you're going to tell them there's uncertainty in obamacare and uncertainty in taxes and you're afraid of what's...
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in the second the government contacts householdings. that survey shows 873,000 more folks said they were employed last month, bringing unemployment rate down from 8.1%, to 7.8%. about two third of that total were part-timers looking for a full-time job. still president obama at a rally in virginia ran with the headlines. >> this morning we found out that the unemployment rate has fallen to its lowest level since i took office. [cheers and applause] more americans entered the workforce, more people are getting jobs. >> so republicans no longer have their talking point of more than 40 straight months with unemployment more than 8%. governor romney farther south in virginia this morning says this still does not constitute a recovery, promising he is the only candidate who can bring one. >> if the same share of people participating in the workforce today as the day president got elected, our unemployment rate would be 11%. that is real reality what is happening out there. >> only one more employment report before election day. back to you.
in the second the government contacts householdings. that survey shows 873,000 more folks said they were employed last month, bringing unemployment rate down from 8.1%, to 7.8%. about two third of that total were part-timers looking for a full-time job. still president obama at a rally in virginia ran with the headlines. >> this morning we found out that the unemployment rate has fallen to its lowest level since i took office. [cheers and applause] more americans entered the workforce,...
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government reference riskless rate is under 2%. that is a bargain. melissa: i was interested to see the latest trading volumes. you are talking about the average investor walking away. in august, it was down 37%. that is year over year. that is compared to last august. when we see that the markets are up 9% for the year, i wonder if the individual investor is walking away from returns? >> i think so, melissa. the investing class is still undergoing dramatic shock and recovery from it. that is why all of these bond flows continue to go into funds and those fund managers have to go by treasuries at 1.6-1.7 because they have to do something to put it to work. if you believe that interest rates are going to be low for a number of years, and i do, i believe bernanke will do what he says, then stock prices are headed higher. maybe much higher. lori: isn't it a problem then that the fed is manipulating the stock market? therefore, do you have to be a little bit cautious that even though we will be in this accommodative environment for a well, things could t
government reference riskless rate is under 2%. that is a bargain. melissa: i was interested to see the latest trading volumes. you are talking about the average investor walking away. in august, it was down 37%. that is year over year. that is compared to last august. when we see that the markets are up 9% for the year, i wonder if the individual investor is walking away from returns? >> i think so, melissa. the investing class is still undergoing dramatic shock and recovery from it....